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You Searched For "loan burden" and got 20 results


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3 mins read

SEBI proposes to ease disclosure requirement for listed firms

The proposals, based on the recommendations of an expert committee chaired by SK Mohanty, former Wh…

PTI   


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2 mins read

More student-loan borrowers are taking advantage of an updated route to get rid of their debt in bankruptcy court, top Democratic senators say

Sen. Elizabeth Warren led some of her colleagues in calling on Biden's administration to bolster ou…

Ayelet Sheffey   


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2 mins read

FM announces credit guarantee scheme, other measures for MSMEs

The credit guarantee scheme for MSMEs in manufacturing will operate on the pooling of credit risks …

PTI   


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3 mins read

I didn't cosign my kids' student loans because I couldn't take on more debt as a single mom. I supported them in other ways.

I didn't cosign my sons' student loans because I already had a mortgage and a car loan. Instead, I …

Lisa B. Samalonis   


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4 mins read

A major student-loan company is once again at the center of a lawsuit blocking debt cancellation for millions of borrowers

The latest lawsuit that temporarily blocked broader debt cancellation argues the relief would harm …

Ayelet Sheffey   


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1 min read

10 ways to reduce your home loan EMI burden

Interest rates have gone up from 6.5% to 9% since April 2022, so both new and existing home loan bo…

Business Insider Latest Story Image
2 mins read

ADB approves $240.5 million loan for rooftop solar systems in India

The Asian Development Bank (ADB) has approved a loan of USD 240.5 million to finance rooftop solar …

ANI   


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3 mins read

I was drowning in $370,000 of student loan debt with my salary as a teacher. Then, it was all forgiven.

A woman with a Ph.D. and $370,000 in student loan debt struggled to pay down her loans. She cried w…

Sarah Graves   


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3 mins read

Look to refinance your home loan to save on EMI payments

Since May 2022, the EMI per lakh has gone up from ₹899 to ₹1,044. The RBI has raised the repo rate …

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2 mins read

Student-loan borrowers can likely count on more debt cancellation if Kamala Harris wins the presidency

Kamala Harris has backed several key student-loan forgiveness efforts during her career.

Ayelet Sheffey   


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2 mins read

Student-loan borrowers are getting $100 million in payments after being 'cheated' out of lower bills by a major lender, a federal consumer watchdog says

Student-loan company Navient is barred from servicing federal loans in a settlement it reached with…

Ayelet Sheffey   


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10 mins read

Ayelet Sheffey,Katherine Tang…   


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2 mins read

Various measures taken to reduce debt burden, strengthen economy: FM

To bring down the debt burden, the government has taken various measures like increasing the tax re…

PTI   


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2 mins read

Ayelet Sheffey   


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3 mins read

Middle-class Gen Xers are facing a new retirement challenge: their student loans

Student-loan debt is weighing down older workers, who may see their Social Security garnished to pa…

Juliana Kaplan,Ayelet Sheffey   


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3 mins read

Uniform KYC on the horizon! Here’s how the proposed process can ease the burden on customers and institutions

In a recent meeting led by Finance Minister Nirmala Sitharaman, a proposal was submitted for unifor…

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5 mins read

Don't be in a hurry to prepay but plan EMIs better, say experts as home loan burden set to rise

The RBI has raised interest rates by 25 basis points to 6.5%, which will make home loan borrowers' …

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4 mins read

Tempted by a top up loan offer? Here’s why it may not be a bright idea

Several financial institutions offer a top-up on personal loans to existing borrowers who have a go…

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3 mins read

Student-loan borrowers on Biden's new repayment plan get a win after a federal court rules that cheaper monthly payments can go into effect

Cheaper monthly student-loan payments are allowed to resume after federal courts blocked parts of t…

Ayelet Sheffey   


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7 mins read

The dark truth behind RBI’s crackdown on easy personal loans

The Reserve Bank of India tightened capital norms for lenders disbursing unsecured loans to unsuspe…